Real Estate
  • Bernanke says more progress needed before stimulus pullback

    Bernanke says more progress needed before stimulus pullback

    By Pedro da Costa and Alister Bull, Reuters

    WASHINGTON (Reuters) - The Federal Reserve's monetary stimulus is helping the economy recover but the central bank needs to see further signs of traction before taking its foot off the gas pedal, Fed...

  • Fed officials dampen talk of imminent bond buying cutback

    Fed officials dampen talk of imminent bond buying cutback

    By Jonathan Spicer and Paul Carrel, Reuters

    NEW YORK/FRANKFURT (Reuters) - Two senior Federal Reserve officials on Tuesday played down the chances that the U.S. central bank would signal a readiness to reduce its bond buying at its meeting...

  • Job market gains could lead Fed to taper QE3 early

    Job market gains could lead Fed to taper QE3 early

    By Ann Saphir and Jonathan Spicer, Reuters

    (Reuters) - The beginning of the end of the Federal Reserve's massive bond-buying program might come sooner than many investors think if recent gains in the U.S. labor market do not prove fleeting...

  • Evidence mounts on slower U.S. economic growth

    Evidence mounts on slower U.S. economic growth

    By Jason Lange, Reuters

    WASHINGTON (Reuters) - The U.S. economy showed fresh signs of slower growth in the second quarter, with factory activity slipping in the mid-Atlantic region while groundbreaking declined at home...

  • Michigan

    Detroit Needs a Miracle As It Sinks Deeper in Debt

    When Dave Bing took over a mayor of Detroit in 2009, he thought he could tackle the city’s massive economic and financial problems in part by shrinking or consolidating much of the sprawling Motown...